Albina Community Bancorp Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
For nine months, the company reported interest income of $3,251,000 against $4,186,000 a year ago. Net interest income after provision was $2,685,000 against $3,377,000 a year ago. Net loss was $323,000 or $0.24 per basic and diluted share against net income of $362,000 or $0.27 per basic and diluted share a year ago. Negative return on average assets was 3.09% against return on average assets of 3.80% a year ago.